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Accounting

Accounting is an integral part of Zenvio, includes bookkeeping of transactions, Financial Reports and Taxes.

Transactions​

All the Invoice, Bill, Receipt, General Entry, Order or Quote are transactions. We recognize accounting and non-accounting transactions.

Accounting transactions are transactions eligible for accounting, they do have an accounting impact. This is a fixed list maintained by the Zenvio team.

Each accounting transaction is automatically processed and bookeeped in an accounting book.

Accounting transactions​

Transactions from the following list are eligible for accounting:

  • Sales - Invoices, Credit Notes,
  • Purchase - Bills, Receipts, Vendor Credits
  • Finance - Bank Statements, Bank transactions
  • Internal - General Entry

Other transactions are considered non-accounting transactions.

Accounting Process​

Once an accounting transaction is inserted to Zenvio, an asynchronous process of accounting is started. It takes roughly few seconds for transaction to be fully posted. Under some conditions it may take up to minute or two.

Each accounting transaction is automatically processed and bookeeped to all accounting books under individual rules per book.

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